1729 E Hungerford StLong BeachCA90805
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Long Beach at 1729 E Hungerford St, Long Beach, CA, 90805 offers a 7.18% rental yield on a $675,000 purchase with $4,037/mo rent. 31% in year one. Equity gained on principal adds $4,356/yr while 5% annual appreciation supports $186,490 over five years. Portfolio math shows five-year ROI at 99.61% and total cumulative return in cash at $221,211. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,037/mo property income against a $3,304/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
4,753 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 90805, Long Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,330 (100%) |
| Owner Occupied HU | 12,041 (42.5%) |
| Renter Occupied HU | 15,384 (54.3%) |
| Vacant Housing Units | 905 ( 3.2%) |
| Median Home Value | $656,362 |
| Average Home Value | $722,526 |
Housing Distribution
Address Breakdown
Residential
27,406
Single Family
19,421
Multi-Family
7,985
Businesses
1,436
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Listed by: Gabriel Browne • Judy Graff Properties
Mls Name: CRMLS
Mls ID: #DW24003140